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ADB to Issue Bonds of 64 million GEL

Asian Development Bank (ADB) will announce about placement of bonds of 64 million after EBRD’ s emission of 107 million GEL.

Galt & Taggart actively works on the process, which has successfully made public issuance of 107 million by EBRD on June 17. The attracted GEL will be spent on infrastructural projects of solid portfolio.

ADB’s issuance has been placed by TBC Capital in 2015. However, securities of International Financial Corporation (IFC), “Black Sea Trade and Development Bank“ (BSTDB) and EBRD have been already placed at the market, total portfolio of 4 institutes has been 203 million. ADB will bring bonds with 3 years maturity.